GBPUSD Wave Count – A Treat for Wave Counters

GBPUSD Wave Count  - A Treat for Wave Counters
GBPUSD Wave Count GBPUSD wave count – this GU daily chart was bugging me for a while. No strategy could explain or project the next move with some accuracy, except for the Wave Principle. So recently I set out on a mission – to dig deep into “The wave principle” if not commonly known as ...

Forex Pullback Trading Strategy

Forex Pullback Trading Strategy
I still remember the days when I was first introduced to forex trading. I started learning forex like a mad scientist. Obviously, the first indicator I learnt was the Moving Average. Then I looked at a moving average cross over strategy. I was closely observing two moving averages plotted in a chart, then I said ...

The Best Forex Scalping Strategy That Works for me

The Best Forex Scalping Strategy That Works for me
It was funny that when I first started trading, I used to run around hunting for the best forex scalping strategy that worked. Ignoring the fact that a strategy is merely a set of rules based around few indicators that should resonate with my trading style, time frame and trade context. Obviously nothing worked for me ...

Risk Management in Forex Scalping

Risk Management in Forex Scalping
Let’s face it. Everybody starts forex trading with some form of a scalping strategy. Even if strategy doesn’t exist, scalping does, at least at the beginning. So there is plenty of RISK involved in, given the fact that 95% of all retail traders lose money in trading. While a massive chunk of retail traders are scalpers, statistically scalping rides along ...

Importance of Order Flow in Forex Scalping

Importance of Order Flow in Forex Scalping
Order flow is not a familiar term to forex traders, yet its very important to understand the dynamics of it. There are two types of order flow when it comes to shorter timeframe charts used in forex scalping. Short term order-flow and long term order-flow. The method I often use to distinguish which order-flow has the ...